USA Mega

Florida Powerball Jackpot Annuity Payout Schedule for Aug 13, 2025

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $530,900,000 for a ticket purchased in Florida, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Florida

Drawing Date:Wed, Aug 13, 2025
Jackpot:$530,900,000
Federal Tax:37% marginal rate
State Tax: No state tax on lottery prizes
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,990,807$2,912,556$0$5,078,251
2$8,390,347$3,060,386$0$5,329,962
3$8,809,864$3,215,607$0$5,594,257
4$9,250,358$3,378,590$0$5,871,768
5$9,712,875$3,549,721$0$6,163,154
6$10,198,519$3,729,409$0$6,469,110
7$10,708,446$3,918,082$0$6,790,364
8$11,243,868$4,116,188$0$7,127,680
9$11,806,061$4,324,200$0$7,481,861
10$12,396,364$4,542,612$0$7,853,752
11$13,016,183$4,771,945$0$8,244,238
12$13,666,992$5,012,744$0$8,654,247
13$14,350,341$5,265,583$0$9,084,758
14$15,067,858$5,531,065$0$9,536,794
15$15,821,251$5,809,820$0$10,011,431
16$16,612,314$6,102,513$0$10,509,800
17$17,442,929$6,409,841$0$11,033,088
18$18,315,076$6,732,535$0$11,582,541
19$19,230,829$7,071,364$0$12,159,465
20$20,192,371$7,427,135$0$12,765,237
21$21,201,989$7,800,693$0$13,401,296
22$22,262,089$8,192,930$0$14,069,159
23$23,375,194$8,604,779$0$14,770,415
24$24,543,953$9,037,220$0$15,506,733
25$25,771,151$9,491,283$0$16,279,868
26$27,059,709$9,968,049$0$17,091,659
27$28,412,694$10,468,654$0$17,944,040
28$29,833,328$10,994,289$0$18,839,040
29$31,324,995$11,546,205$0$19,778,789
30$32,891,245$12,125,718$0$20,765,527
Total$530,900,001$195,111,716$0$335,788,284

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.